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Transcript
Baydon Community Pub Limited
Prospectus
An opportunity to invest in a Community Pub in the Wiltshire village
of Baydon
Executive Summary
The Save Baydon Lion Team is seeking investors who wish to become shareholders of a
Limited Company that plans to purchase the Red Lion in Baydon which is being registered
as an Asset of Community Value (ACV). The Company plans to reopen it as a country Pub
serving quality food with the potential for a microbrewery and craft beer.
Run for the benefit of the residents of Baydon village and visitors to the area, it will be a
profitable business and represents a fair investment opportunity that intends to offer
reasonable returns to the shareholders of the Company. The Pub will provide a service to
the village, visitors to the area and support other local businesses and tourism within
Wiltshire.
More importantly, the Pub will rejuvenate the heart of the village, providing a place for
social and cultural activities, where people meet, chat and exchange information promoting
a cohesive and friendly community. It is the Company’s intention that the Pub will work
closely with and in support of the other community facilities in Baydon, in particular the
local shop and social groups.
If you invest in the Company you will become a shareholder of Baydon Community Pub
Limited and will be a part-owner of a traditional English Pub, in a rural setting where you
will always receive a friendly welcome.
Members of The Save Baydon Lion Team are committed to investing. As a shareholder
you will have a vote in company decisions. The Save Baydon Lion Team has appointed
interim directors of The Red Lion Community Pub Limited. Future directors will be subject
to election at shareholders’ meetings and will be accountable to all shareholders
The Company aims to raise £300-400,000 from shareholders. Funds raised will be used to
purchase the building (subject to an independent valuation) carry out necessary
renovations enabling a successful re-opening as a new community Pub.
The Save Baydon Lion Team believes that the Company will be profitable but if it is not,
the Company owns the asset i.e. the building and associated land, which would be sold
and the proceeds distributed to the shareholders.
Your investment is in the property and the business venture. This is a great opportunity to
invest in a worthwhile community enterprise that will provide a valuable service to villagers
and shareholders.
The directors are applying to HMRC for consideration of Baydon Community Pub Limited
as an Enterprise Incentive Scheme (EIS), if approved there could be substantial tax
benefits for shareholders.
Shares are being offered for purchase at £100 each and multiples thereof.
Further information is available on our website at www.savebaydonlion.uk
NB: It is important to remember that shares values in a limited company can go up as well as down.
THE RED LION COMMUNITY PUB LTD
(Reg. no. 10664369)
I irrevocably offer to subscribe for
* ordinary shares of £100 each and duly enclose my
cheque for £
(made payable to Save Baydon Lion)
Signed:
Title:
dated:
Forenames in full:
Surname:
Address:
E-mail:
Telephone no:
* Number of shares for which you are applying
Please return the form and your cheque to the company secretary: David Hanley, Red Roofs,
Aldbourne Road, Baydon, SN8 2HZ